4 Undervalued Energy Plays

We found two exploration companies and a pair of MLPs poised to reward investors over the coming year.

It's not too late for investors to get a piece of the great American energy boom.

The companies rushing to take advantage of hydraulic fracturing technology to exploit shale deposits around the country are producing three commodities: oil, natural gas, and natural-gas liquids, whose byproducts have a variety of industrial uses. While the natural-gas frenzy has resulted in oversupply, prices for oil and liquids have held up. Those...